Cask Data Secures $20,000,000 Series B Financing Round

  • Feed Type
  • Date
    11/5/2015
  • Company Name
    Cask Data
  • Mailing Address
    150 Grant Ave. Palo Alto, CA 94306 USA
  • Company Description
    CDAP is an open source application development platform for the Hadoop ecosystem that provides developers with data and application virtualization to accelerate application development, address a broader range of real-time and batch use cases, and deploy applications into production while satisfying enterprise requirements.
  • Website
    http://www.cask.co
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds will be used to expand Cask’s platform enhancements and develop a broad sales team.
  • M&A Terms
  • Venture Investor
    Safeguard Scientifics
  • Venture Investor
    Ignition Partners
  • Venture Investor
    Battery Ventures
  • Venture Investor
    Undisclosed